Times OOH Media wins advertising rights at Delhi Airport

2196 Investors following Ent Network Ind. Share this News with them.

0

Like this story, share it with millions of investors on M3

Times OOH Media wins advertising rights at Delhi Airport

Times OOH Media wins advertising rights at Indira Gandhi International Airport, New Delhi

Post your opinion here

 

0

Tweet

Share on Tumblr

RELATED NEWS ENIL's prospects encouraging: CD Equisearch Local institutions can invest in Radio ind: ENIL Prefer ENIL over Mid-Day ALSO READ See latest News about Ent Network Ind See previous management interviews See what other Experts & Brokerages are saying about Ent Network Ind Ent Network Ind BSE | NSE 25/05/12 Are Mutual Funds betting on Ent Network Ind?

Delhi International Airport Private Limited (DIAL) has awarded the license for the advertisement locations at Indira Gandhi International Airport, New Delhi to Times Innovative Media Private Limited (TIMPL), a wholly owned subsidiary of Entertainment Network (India) Limited (ENIL) which operates FM radio broadcasting stations under the brand Radio Mirchi. According to analysts, Delhi airport is expected to emerge as India's largest airport platform with passenger traffic of approximately 22 million by FY 2009.

The license involves designing, setting up, development and maintenance of the advertisement locations for a period of three (3) years, and covers approximately 150 display sites inside the terminal buildings, approach roads, hoardings around terminals & advertising options inside the terminal buildings & aerobridges.

"We are delighted to win the license for the advertising locations at Indira Gandhi International Airport, New Delhi. This is the first advertising rights license to be awarded after the privatization of the Delhi airport and was keenly bid by several out-of-home media players including global players" said Mr. A P Parigi, Director, TIMPL. "Delhi is a very important market for us and winning this contract is a definitive step in the direction that we are heading," he added.

TIMPL operates its Out of Home Media business under the brand name "Times OOH Media". Times OOH media has recently put two LED screens at Mumbai airport. The company has been

among the leaders in introducing innovative technologies such as LEDs in outdoor advertising.

Sourced From: Adfactors Public Relations Pvt Ltd